This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 1-bathroom apartment of 67 m² on the 3rd floor, energy rating D. Located on rua Cândido Guerreiro, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a versatile additional room that can serve as an office or guest room, maximizing the living space for various needs.
The valuation. The asking price of €275,000 is €16,639 (5.7%) below the fair value of €291,639. This positions the property at a fair price point, aligning well with market expectations.
Fair value modelled at €291,639 from 6 comparable sales in the area. Asking €275,000 sits €16,639 (5.7%) below — the upside to fair value.
Asking €275,000 versus the rua Cândido Guerreiro area baseline of €270,333 (€4,035/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €270,333, adjusted for condition and micro-location, gives a modelled fair value of €291,639 (€4,353/m²), a €16,639 (5.7%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cândido Guerreiro | Subject | €275,000 | €4,104 | — | 65 | 70 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 19.6% | 68 | 74 |
| avenida Sá Carneiro, 19 | Active | €269,000 | €4,559 | 11.1% | 65 | 65 |
| rua do Município, 1 | Active | €230,000 | €4,182 | 1.9% | 68 | 71 |
| rua do Atlântico, 33A | Active | €285,000 | €4,524 | 10.2% | 68 | 73 |
| Median comp | €269,500 | €4,542 | 10.6% | 68 | 72 |
Long-term rental The 1-bed apartment in Albufeira offers a gross yield of 3.8%, providing a steady income stream for investors. However, the fair value alignment suggests that this property is only moderately attractive for long-term rental purposes. Short-term vacation rental Given the location in a popular tourist region, this property could perform adequately as a short-term vacation rental, benefitting from seasonal tourism. Yet, the price relative to fair value indicates it's primarily positioned as a fair investment, requiring scrutiny for better opportunities. Buy-and-hold While the property could appreciate over time within the burgeoning Algarve market, the current fair value assessment reflects that it is not an exceptional buy-and-hold opportunity. Investors should consider the modest yield and fair valuation as they evaluate long-term capital growth potential.
Tenant turnover risk Increased tenant turnover may result from the relatively low tenant stability score of 70/100, potentially leading to higher vacancy rates and increased costs for finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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